PetroVietnam

Petrolimex readjusts profits to 10 per cent of plan

November 27, 2022 | 16:20

Petrolimex, the petroleum distributor for the domestic retail market, has adjusted its profit target to one-tenth of its original forecasts.

PetroVietnam reaching full-year targets in main business metrics

September 15, 2022 | 08:33

Along with budget payment, state-owned oil and gas giant PetroVietnam has attained total revenue and consolidated pretax profit targets after just eight months.

PetroVietnam to develop $19-billion refinery and petrochemical complex

August 19, 2022 | 10:02

PetroVietnam proposed to develop a $19 billion refinery and petrochemical complex in collaboration with a national oil reserve warehouse in Ba Ria-Vung Tau.

$2-billion Song Hau 1 thermal power plant inaugurated

July 19, 2022 | 16:06

The inauguration of the $2-billion Song Hau 1 thermal power plant in the Mekong Delta province of Hau Giang will contribute to ensuring national energy security.

Uncertainty lingers on with global oil and gas investment

June 16, 2022 | 11:42

With a global oil price reaching eye-watering levels, much of Vietnam’s oil and gas potential depends on new-found investments in exploration technology, thus helping boost the country’s state budget.

Petrol law advances tailored for benefits

June 16, 2022 | 11:32

An amended Law on Petroleum is expected to revive funding opportunities for the oil and gas sector as many fields are reaching their productive peaks or experiencing a state of decline – as long as some outstanding issues are ironed out.

Thai Binh 2 thermal power plant to start operations by May 10

May 05, 2022 | 10:55

All employees and managers are making an effort to put the first turbine of the Thai Binh 2 thermal power plant into operation by May 10.

Growth advancing in right direction

April 05, 2022 | 10:59

Despite various global uncertainties, efforts to spur business and production have helped recover the country’s economic growth, driven largely by manufacturing and processing activities.

Vietnam to import additional petroleum and adjust tax

February 28, 2022 | 11:35

Increasing petroleum imports and raising related taxes is deemed an effective solution to offset the shortfall in domestic output.

PetroVietnam promoting US partnerships: The future of Vietnam’s energy industry

December 27, 2021 | 07:55

On November 23, 2021, a round table discussion between PetroVietnam and US investors took place with the topic of potential energy investment in Vietnam.

Vietnam's oil and gas laws in urgent need of readjustment to current-day realities

October 07, 2021 | 14:11

The energy transition, volatile oil prices, and limited resources are forcing Vietnam to make oil and gas development more flexible and increase incentives.

Removing roadblocks to oil and gas investment ventures imperative for development

October 06, 2021 | 00:36

It is urgent for roadblocks to be removed in time to enable the oil and gas sector to contribute to the national economy and ramp up its charm for investors.